Article 8 Opt-In. The Company hereby irrevocably elects that each Participation Certificate shall constitute and shall remain a “security” for purposes of Article 8 of the Uniform Commercial Code.
Appears in 5 contracts
Samples: GMSR Participation Agreement (loanDepot, Inc.), GMSR Participation Agreement (loanDepot, Inc.), GMSR Participation Agreement (loanDepot, Inc.)
Article 8 Opt-In. The Company Seller hereby irrevocably elects that each Participation Certificate shall constitute and shall remain a “security” for purposes of Article 8 of the Uniform Commercial Code.
Appears in 4 contracts
Samples: MSR Servicing Agreement (PennyMac Mortgage Investment Trust), MSR Servicing Agreement (Pennymac Financial Services, Inc.), MSR Servicing Agreement (Pennymac Financial Services, Inc.)